Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Dimitar Radev: The political crisis has delayed Bulgaria's entry into the Eurozone

Dimitar Radev, BNR governor
Photo: BGNES

The political crisis is at the root of the delay in Bulgaria's accession to the Eurozone. This was stated by the governor of the Bulgarian National Bank, Dimitar Radev, in his first public appearance, after it became clear that the target date - January 1, 2024, cannot be achieved, and entry into the currency union will be delayed by at least a year due to high inflation and the non-acceptance of several laws. 
With the formation of the 49th National Assembly, the caretaker cabinet will once again introduce the necessary bills in order to move Bulgaria forward on the path of the euro, stated the caretaker Minister of Finance Rositza Velkova-Zheleva.

"We hope that Bulgaria will become the 21st country to join the euro area, cementing its membership of the European family and securing its place at the core of the European process," said Valdis Dombrovskis, EC Executive Vice President, today at the "Bulgaria towards the euro" conference taking place in Sofia. 
The adoption of the euro helps promote foreign and domestic investment, leading to higher economic growth and more jobs, Dombrovskis said.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Deputy Minister Stratev: The samples taken from the infected animals near Velingrad are reliable

The results of the samples taken from the infected herds near Velingrad are 100% reliable and have been confirmed with a second test, Deputy Minister of Agriculture and Food Deyan Stratev said an interview with public service broadcaster BNT. In his..

published on 12/1/24 11:29 AM

Bulgaria marks World AIDS Day with various events in Sofia

On the occasion of World AIDS Day, observed on December 1, volunteers from the Bulgarian Red Cross Youth in Sofia will light tealights on the Lovers' Bridge to form a ribbon representing solidarity with the victims and carriers of the disease...

published on 12/1/24 11:04 AM

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM